Question
If the contribution margin ratio for France Company is 35%, sales were $434,000, and fixed costs were $97,000, what was the income from operations? a.
If the contribution margin ratio for France Company is 35%, sales were $434,000, and fixed costs were $97,000, what was the income from operations? a. $151,900 b. $54,900 c. $97,000 d. $43,920
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Financial Accounting Reporting Analysis And Decision Making
Authors: Shirley Carlon, Rosina Mcalpine, Chrisann Lee, Lorena Mitrione, Ngaire Kirk, Lily Wong
7th Edition
0730395294, 978-0730395294
